Monday, December 8, 2025

FBR Targets 2.8 Million Households to Raise Rs1.6 Trillion in Revenue

-

The Federal Board of Revenue (FBR) is preparing to integrate around 2.8 million households into the tax system, potentially generating an additional Rs1.6 trillion for Pakistan’s economy.

According to FBR spokesperson Bakhtiar Muhammad, there are approximately 3.5 million households eligible to pay taxes, but many remain outside the tax net.

Recent efforts by the government have led to a 105% increase in tax filers, climbing from 1.8 million to 3.7 million within the current fiscal year (2024-25). The FBR plans to introduce 15 new restrictions on non-filers within the next few months, aiming to fully eliminate the non-filer category.

This initiative, along with the digitization of customs and taxation processes, is part of a broader reform agenda, including discussions with the World Bank on further digitalization and anti-smuggling efforts.


LATEST POSTS

World’s Safest Countries 2025-Pakistan’s Shocking Rank!

The Global Peace Index 2025 has ranked 163 countries based on safety, crime, political stability, and overall peace. Key...

Ugly Side of the Story – JI’s Written Warning on Manhole Covers Was Filed on 29th October

In a city already grieving the heartbreaking death of 3-year-old Ibrahim — who fell into an open manhole in...

Forgive US Ibrahim-Celebrities Mourn Over Death of 3-Year-Old in Manhole

Pakistan – Tragedy struck Karachi as three-year-old Ibrahim lost his life after falling into an uncovered manhole near Nipa...

Most Popular